Griffin Mining Ltd (GFM) Insider Dal S. Brynelsen Acquires 25,000 Shares
Griffin Mining Ltd (LON:GFM) insider Dal S. Brynelsen purchased 25,000 shares of Griffin Mining stock in a transaction that occurred on Wednesday, August 30th. The shares were acquired at an average price of GBX 62 ($0.80) per share, with a total value of £15,500 ($20,046.56).
Griffin Mining Ltd (GFM) traded down 1.61% during trading on Friday, reaching GBX 61.00. The company had a trading volume of 70,254 shares. The company’s market capitalization is GBX 103.91 million. Griffin Mining Ltd has a one year low of GBX 39.50 and a one year high of GBX 70.25. The company has a 50-day moving average price of GBX 233.85 and a 200 day moving average price of GBX 99.43.
Separately, Panmure Gordon lifted their price target on Griffin Mining from GBX 87 ($1.13) to GBX 93 ($1.20) and gave the stock a “buy” rating in a report on Thursday, August 3rd.
About Griffin Mining
Griffin Mining Limited is a mining and investment company. The Company’s business segment is Caijiaying zinc gold mine in the People’s Republic of China. The Company is engaged in exploring, expanding and developing the Caijiaying Mine. The Company, through its subsidiary, Hebei Hua Ao Mining Industry Company Limited (Hebei Hua Ao), holds approximately 9.9 square kilometers of mining and exploration licenses and the mine and processing facilities at Caijiaying in the People’s Republic of China (the Caijiaying Mine).
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